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January 25, 2012
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Some of the richest participants in this year's World Economic Forum in Davos, Switzerland, say economic disparity needs to be addressed.
January 24, 2012
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Investors are being invited to join a European-based group that plans to
buy about $80 million worth of art and forecasts annual returns of 12
percent.
January 20, 2012
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A complete first edition of John James Audubon’s “The Birds of America”
fetched $7.9 million at Christie’s today, just above the low presale
estimate and far shy of a record.
January 19, 2012
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Greenlight Capital Inc., bought
shares of Dell Inc. and Xerox Corp. in the fourth quarter as part of a
bet on undervalued U.S. stocks, according to a letter to investors.
More PW News
CURRENT ISSUE
| • | | The Wall Street Journal’s Robert Frank says the boom-and-bust nature of modern wealth has turned the rich into the ‘binge drinkers of the economy.’
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| • | | NJ Nets owner Mikhail Prokhorov touts gold, Donald Trump embraces foreclosures.
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| • | | Nicolas Berggruen trots the globe in a Gulfstream jet, looking to change the world with his $2.5 billion fortune.
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| • | | The Heritage Institute teaches families that it is possible to remain wealthy through multiple generations.
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| • | | Family offices have only until March 30 to determine if they qualify for regulatory exemption under new rules created by the Dodd-Frank act.
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